Company registrations signal MediaWorks buyout could be in play

Company registrations signal MediaWorks buyout could be in play
MediaWorks says its board isn't considering an imminent sale. (Image: NZME)
Denise McNabb
Speculation that financially strapped radio stations and outdoor advertising company MediaWorks could change hands moved up a gear last week after names reserved with ‘"Waka" in their titles went live at the Companies Office.However, the company says its board isn't considering a sale.Australian buyout private equity firm Anchorage Capital Partners is behind Waka TopCo Ltd, Waka HoldCo Ltd, Waka BidCo Ltd and Waka Midco Ltd.All or partSpeculation has been rife in New Zealand and Australia recently that Anchorage is intereste...

More Media

TVNZ’s new chair is a no-nonsense corporate dealmaker
News in Brief

TVNZ’s new chair is a no-nonsense corporate dealmaker

One of New Zealand’s most respected corporate dealmakers has been appointed chairman of TVNZ – the Government’s biggest move yet in the shake-up of the public broadcaster’s board and operation.Retiring Goldman Sachs NZ managing director and chief executive Andrew Barclay will rep...

Staff reporters 30 Sep 2025
Jim Grenon acquires more NZME shares
Markets

Jim Grenon acquires more NZME shares

NZME director Jim Grenon has acquired another one million NZME shares, according to a new NZX notice, and is moving closer to becoming the company’s biggest shareholder.The businessman now holds 34,694,802 shares of the media business, which owns the NZ Herald, representing a sta...

Staff reporters 26 Sep 2025
The business of fun: themed entertainment
Culture

The business of fun: themed entertainment

Immersive experiences are a growing sector for NZ creative industries.

Pattrick Smellie 23 Sep 2025
NZME shareholder Jim Grenon lifts investment in media firm
Markets

NZME shareholder Jim Grenon lifts investment in media firm

NZME shareholder and director Jim Grenon has lifted his investment in the media business for the second time in recent weeks, to just under 18%.A notice to the NZX on Monday stated Grenon had lifted his shareholding from 15.963% to 17.932%, after acquiring 3.7 million shares for...

Staff reporters 16 Sep 2025